Coin Specifications

Category: Liberty Head $2.50 (1840-1907)
Mint: New Orleans
Mintage: 34,000
Obverse Designer: Christian Gobrecht
Reverse Designer: Christian Gobrecht
Composition: Gold
Fineness: 0.9000
Weight: 4.1800g
AGW: 0.1209oz
Melt Value: $158.19 (9/26/2017)
Diameter: 18mm
Edge: Reeded
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1857 O $2.5 MS obverse 1857 O $2.5 MS reverse


  
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VarietyPlus®

There are no NGC varieties for this coin.

Description & Analysis

Jeff Garrett: The year 1857 marked the last year for the production of Liberty Head quarter eagle at the New Orleans Mint. The mintage was a modest 34,000 coins and most encountered heavy circulation. The collecting of coins by mintmark was virtually unknown at the time, and it is a miracle that any survived at all in Mint State. The 1857-O quarter eagle is scarce in About Uncirculated levels and quite rare in full Mint State condition. The finest pieces graded to date are limited to just a couple at the MS 64 level. The issue is usually seen well struck, and a few representatives are deeply prooflike. It is reported that a quantity of the date was found among the gold coins in the Jackson, Tennessee hoard. Many of the coins from that group were mishandled, and the quality of pieces is unknown. One of the MS 64 coins sold for $19,550 in 2007.

GRADE SUMMARY

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Price Guide

Last Updated: 8/8/2017

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1857 O $2.5 MS
  GVGFVFXF505355586061626364656667686970
Base $ 300 310 360 485 600 1200 1450 1600 2400 4650 5700 8300 15500 - - - - - - -
$ - - - - - - - - - - - - - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 274
Low Grade: VF
Average Grade: 55
High Grade: 64


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
6/4/1997 NGC XF 40   Teletrade Auction 0951, 951/Lot# 1876 $263.75
9/15/2003 NGC MS 61   Goldberg September 15-17, 2003 Pre-Long Beach Coin and Currency Auction, 21/Lot# 1077 $4,255.00
1/3/2006 NGC MS 61   Heritage Auctions 2006 January Orlando, FL (FUN) Signature Auction #394, 394/Lot# 4805 $4,312.50
1/3/2011 NGC MS 61   Stack's Bowers The January 2011 Tampa Bay Rarities Sale, 70/Lot# 1341 $4,485.00
6/13/2011 NGC AU 50   David Lawrence Rare Coins Monday - Internet Auction # 592, 599/Lot# 1430 $897.00
2/3/2014 NGC AU 53   Heritage Auctions 2014 February 3 - 5 US Coins Signature Auction - New York Session(3), 1202/Lot# 4563 $940.00
5/25/2014 NGC XF 45   GreatCollections GreatCollections Coin Auctions 05/25/2014, 183/Lot# 193952 $523.60


NGC Registry

NGC Registry Score 1857 O $2.5 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base674820838925111712711634188620872197269936944048476861696685116931739126231400864147842906
72382686798911681392171819532124236430313812428852356341835413592203383084940550419540
00000017181953212423643031381242885235634183541359220338308494055000
000000180220202160253233623930452857026513100241549223284354684101400
1857 O $2.5 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base719874896978118613451721198522642308282838574223496562866938120361795026870410264231444010
771881923104712391470180920782279248131713979447054056503863714007209233158941455428790
00000018092078227924813171397944705405650386371400720923315894145500
000000189721712293265535144101471858466721103371597923897363074188500
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